In March 2018, the Malaysian government announced, Cryptocurrency exchanges must Implement KYC requirements. This includes obtaining customer identification data and ID documentation and subjecting anyone offering services to exchange cryptocurrencies to the rules of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001. and In April 2018, the European Parliament reached an agreement demanding tighter regulations of cryptocurrency in the EU. As part of the EU Anti-Mon
The article cited AMA's "Global Bitcoin Trading Market Study" explored substantial growth of %. According to the report, Growing Acceptance by Different Industry Verticals
is one of the primary growth factors for the market. Increasing Investments in Bitcoin Trading
is also expected to contribute significantly to the Bitcoin Trading market. Overall, Conduct Financial Transactions
applications of Bitcoin Trading, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End User, such as Banking, is boosting the Bitcoin Trading market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Bitcoin Denominations, such as Bitcoin (BTC), is boosting the Bitcoin Trading market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Bitcoin Trading market identified that the demand is rising in many different parts of the world as "Acceptance of Bitcoin Trading across various industries
".
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Bitcoin Trading market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2021 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Bitcoin Trading market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Bitcoin Trading market size is calculated using market estimation process, the Bitcoin Trading market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Bitcoin Trading market size has been validated using both top-down and bottom-up approaches.